Real Estate Investing in Mason, Illinois (62443)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Effingham County • Population: 1,771 • Data updated: September 2026

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Should you buy in 62443 (Mason, IL)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (72/100)

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Mason, IL (62443)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $198,881
Avg Monthly Rent $873
1% Rule ✗ Does Not Meet
Median Income $77,083
% Renters 7.8%

Market Analysis: 62443 Mason

Turning to rents, ZIP 62443 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $199K median. It rewards specialists, not generalists.

The investment case in 62443 is notable only for operators who understand what they are buying. A $199K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

ZIP 62443's metrics run below Effingham County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.

The demographic picture in 62443 includes headwinds that any investor should price in. Income distribution skews lower than Mason averages, and tenant stability requires active management.

tilts toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Mason:

C+ Average
Buy Confidence Score: 66/100
Affordability
20/25
Appreciation
18/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2.6× the median income
Value Trend
Rising (+7.1%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $873/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Effingham, IL Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
12.5%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Effingham, IL metro data

Market Trends

Home Value History (with trend line)

$201K$194K$187K$180K$172K$165KFeb 2021Nov 2023Jul 2026

📊 How Does 62443 Compare?

Metric 62443 Mason Effingham, IL Illinois
Home Value $198,881 $198,881 N/A $279,761
5-Year CAGR 3.1% 3.1% N/A 6.6%
Avg Rent $873 $873 N/A -
Cap Rate 3.4% 3.4% - -
💡 Why Invest in 62443? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 62443 (Mason, IL). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.4%
Low
5yr Growth
+3.1%
Moderate

📉 Market Crash Risk Index

Based on Effingham, IL metro

3/10
Moderate Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
3/3
79%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $198,881
Monthly Rent $873
Price-to-Rent 19.0:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.3%
Cap Rate 3.4%
5-Year IRR 6.5%

📈 Home Appreciation

1-Year +7.1% ▲
3-Year CAGR +0.8% ▲
5-Year CAGR +3.1% ▲
10-Year CAGR N/A

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.4%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
5.5%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+3.1%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 62443

Population: 1,771

💰 Median Household Income
$77,083
This area
$77,083
State
$75,721
USA
$74,580
🏠 Renter Occupied
7.8%
This area
7.8%
State
22.2%
USA
34.0%
💼 Unemployment Rate
1.1%
This area
1.1%
State
-3.3%
USA
3.7%
🎓 College Educated
10.2%
This area
10.2%
State
16.4%
USA
33.7%
👤 Median Age
38.6 years
This area
38.6 years
State
32.6 years
USA
38.9 years
🏚️ Vacancy Rate
5.5%
This area
5.5%
State
11.6%
USA
10.5%
👥 Population by Ethnicity
White 94.6%
Other/Mixed 5.0%
Hispanic/Latino 3.5%
Asian 0.5%
👶 Under 18
23.6%
This area
23.6%
USA
22.0%
👴 65 and Over
15.8%
This area
15.8%
USA
17.3%
📊 Poverty Rate
7.8%
This area
7.8%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

Frequently Asked Questions

Should investors worry about vacancy in Mason, IL?

Mason, IL sees elevated vacancy, which is reasonable relative to the broader IL rental market.

Is the tenant base reliable in Mason, IL?

Tenant demand in Mason, IL is solid. The local workforce $873/mo rents across most rental classes.

How should investors approach Mason, IL?

In Mason, IL the notable play is typically careful cash-flow rentals with hands-on management. The combination of $199K prices and $873/mo rents suits that approach.

Does a duplex house hack pencil in Mason, IL?

The a challenging house-hack environment in Mason, IL reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.

Are homes affordable in Mason, IL?

Mason, IL home values average about $199K. That price point suits investors targeting rentals with $873/mo in monthly income.

You know 62443 now. You don’t know where it ranks.

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How 62443 ranks in Effingham, IL

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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